2014-03-24 04:45:01 - MediPoint: Renal Denervation - Global Analysis and Market Forecasts - a new market research report on companiesandmarkets.com
The renal denervation market in 2012 was valued at $15.5m across the 10 regions covered in this report, which include the United States (US), France, Germany, Italy, Spain, the United Kingdom (UK), Japan, Brazil, China, and India. By the end of the forecast period in 2019, sales will have grown to over $171.7m, with a Compound Annual Growth Rate (CAGR) of 41.01%.
The market is expected to see rapid growth over the course of the forecast period, given the expansion of the intervention into the emerging markets and other indications. In 2012, renal denervation was only approved in the European Union (EU). However, by the end of the forecast period, we predict that the intervention will be approved for use
in all the countries covered in this report. Additionally, renal denervation will not solely be indicated for resistant hypertension. Europe is expected to see approval of the intervention in both uncontrolled hypertension patients and heart failure patients.
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